The economic crisis has sparked fears about emerging protectionism and created wide interest in initiatives to monitor trade policies. The WTO regularly examines its members' trade policies - but its reports tend to be superficial and uncritical. How could they be improved to become a more...

Existing theories make divergent predictions about the impact of new powers on the global political economy. Some argue that a more even distribution of power will erode international cooperation, while others argue that cooperation can continue with the help of international institutions to...

Existing theories make divergent predictions about the impact of new powers on the global political economy. Some argue that a more even distribution of power will erode international cooperation, while others argue that cooperation can continue with the help of international institutions to...

In an age of transnational firms, global civil society organisations and multilateral institutions of global governance, the traditional approach to understanding diplomacy as consisting of a dialogue between representatives of nation-state governments conducted largely behind closed doors is no...

Contacts more extensive, both economically, politically and socially, are important elements of globalization and lead to lowering the barriers that they meet state borders. To cope with all challenges, states have created economic and financial international monetary institutions such as United...

This paper proposes a comprehensive yet evolutionary reform of the global monetary non-system that evolved out of the breakdown of the original Bretton Woods arrangement in the early 1970s. It includes: (i) a global reserve system that mixes the multi-currency arrangement with an active use of...